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| 正面铭文 | TWELVE YEAR NATIONAL PLAN SAVINGS CERTIFICATE NOT TRANSFERABLE EXCEPT WITH THE PERMISSION OF THE COMPETENT POSTAL AUTHORITY FREE OF INDIAN INCOME TAX 5 FIVE RUPEES 12 NPS 5 FIVE RUPEES This is to certify that XXXXXXXXXX is registered at the XXXXXXXXX Post Office as the holder of a 12-Year National Plan Savings Certificate, issued in accordance with the terms of the Notification specified on the reverse, and subject to the Application and Declaration of the Purchaser which shall be the basis of this Contract. The Government of India undertake to pay him, on presentation of this Certificate at the aforesaid Post Office on or after the XXXXXXXXX Rs. or at any earlier date after the expiry of twelve months the sum not exceeding Rs. specified on the reverse of this Certificate as due on such date. Post Office XXXXXXXX Date of Issue Register No. POST-OFFICE Postmaster. |
| 背面描述 | Salmon-orange reverse printed in letterpress, headed "RECEIPT ON DISCHARGE." A tabular schedule on the left lists redemption values for each of the twelve years, with the notation "NOT ENCASHABLE TILL END OF 12 MONTHS" at the foot. The right half provides manuscript fields for payment received, date, and the holder's signature or thumb impression, above the issuing authority line at the bottom. |
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India's National Plan savings certificates were instruments of development finance, not conventional currency — the government issued them to mobilize small-scale domestic capital for the Second Five-Year Plan (1956–1961), Nehru's most ambitious industrialization push. Five rupees was a denomination accessible to rural and semi-urban savers, deliberately so.
The twelve-year maturity term was unusually long for a retail savings instrument of this type in the Indian market at the time, reflecting the government's need for patient capital rather than short-term liquidity.